Remove tag consumer-trends
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On the Road to Relief: Restaurant Trends and Opportunities to Watch

Modern Restaurant Management

economy demonstrated resilience in 2023—with GDP, employment rates and consumer spending remaining relatively stable or even growing. In 2024, we expect these trends to shape the restaurant sector. Despite price increases, data shows consumers still enjoy eating out. Coffee in 2023.

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Five top hospitality trends to expect in 2024

Hotel Owner

Before 2024 begins, now is the perfect time for businesses to plan and adapt their operations to the ever-changing nature of what consumers want. As the hospitality industry knows, trends play a major role in what keeps you afloat; being the first one to stay on top of the trends is vital.

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How To Attract Gen Z Customers to Your Restaurant

Modern Restaurant Management

The National Restaurant Association’s 2021 State of the Industry report showed only 83% of Gen Z consumers wanted to return to restaurants. Constant internet exposure has given Gen Z more insights into new trends and cultures—without leaving their home—than any previous generation. Prioritize Convenience.

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The Power of Promotions 

Modern Restaurant Management

These factors can make it difficult for restaurants to realize the same level of sales and profitability as before the pandemic; some consumers have less disposable income; others are more inclined to cook at home. One way that operators can strategically boost sales and encourage guests to return is by creating targeted promotions.

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2023 hotel and travel trends

Boutique Hotel News

BHN editor Eloise Hanson outlines six hotel and travel trends expected to shape the industry in 2023. With inflation on the rise globally, consumers are likely to be more mindful when it comes to spending their money. Hotel e-tail. per cent on average above inflation per year. per cent on average above inflation per year.

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NCR Reveals 2022 Hospitality Trends and Predictions

Modern Restaurant Management

Here are some trends NCR is watching as move into 2022. While sales are trending higher, the National Restaurant Association reports three in four operators say recruitment and retention is their toughest challenge. Things like customized tags and cost reporting can create detailed, valuable forecasts.

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Tech Will Help Restaurants Do More with Less in 2023

Modern Restaurant Management

Yet, just as virus restrictions lifted and customer demand shot back up, rampant inflation caused consumers to pull back on their spending, slowing restaurant recovery. Restaurants can automatically capture and tag key details about a guest at every point of their experience and aggregate these details into a c entralized profile.

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